Kolos

 0    155 flashcards    agnieszkamichalczyk
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Question Answer
Beverage
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FORMAL a drink
Debt
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an amount of money that you owe
Dividend
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a share of the profits of a company paid once or twice a year to the people who own the company's shares
equities
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company shares that can be bought and sold on a stock market
limited company
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a company whose owners are legally responsible for only a limited amount of its debts
mining
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the process of getting coal or metal from under the ground
proprietorship
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a business structure in which an individual and his/her company are considered a single entity for tax and liability purposes
public limited company
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a company in which people can invest their money. It has plc' at the end of its name.
real estate
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the business of buying and selling land and property
retail
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the sale of goods directly to the public for their own use
share
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one of the equal parts of a company that you can buy as a way of investing money
sole trader
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a business structure in which an individual and his/her company are considered a single entity for tax and liability purpose
third-party
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relating to a person or organization that is not one of the two main people or organizations involved in a legal agreement or case
utility
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a public service such as gas, water or electricity
vendor
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a company or person that sells a particular product or service
bear market
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a situation in the stock market in which the prices of shares are falling
bond
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a document given to someone who invests money in a government or company promising to pay back the money with interest
bottom
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to reach the lowest point
breakeven
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the point at which a business operation no longer loses money and can begin to make a profit
bull market
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a situation in the stock market in which the prices of shares are rising
euphoric
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feeling extremely happy usually for a short time only
greater fool investor
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an investor who buys at a high price believing there will always be someone they can sell to at an even higher price
innovator
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someone who invents or begins using new ideas, methods, equipment
peak
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the time when something is at its highest or greatest level
plunge
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to fall quickly from a high position
recession
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a period when trade and industry are not successful and there is a lot of unemployment
staple
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an important product especially a food, that people eat or use regularly
trough
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a period when something that rises and falls regularly is at a low level, especially economic activity
value investor
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an investor who buys stocks they believe the market has undervalued
cost of goods sold
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an income statement figure which reflects the cost of obtaining the raw materials and of producing the finished goods that are sold to consumers
fixed cost
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costs such as rent that a company has to pay that does not depend on how much it produces
operating profit
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the profit that a company makes from its normal activities of selling goods or services
plot
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to mark points on a graph
recommended retail price (RRP)
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the price at which a manufacturer of a product suggests it should be sold on the retail market
record label
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a company that produces records
royalty
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a payment that someone such as a writer or musician gets each time their work is sold or performed
sales revenue
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income earned from selling products or services
turnover
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the value of the goods and services that a company sells in a particular period of time
variable cost
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a cost that changes according to how much of a product is made
wholesaler
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someone whose job is to sell large quantities of goods to shops or small businesses
achieve
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to succeed in doing or having what you planned or intended, usually after a lot of effort
budget
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the amount of money a person or organization has to spend on something
deal with
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to take action to do something, especially to solve a problem OR to buy goods or services from someone, or to sell them to someone
handle
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to take action in order to deal with a difficult situation
liaise
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if one person liaises with another, or if people liaise, they talk to each other and tell each other what they are doing, so that they can work together effectively
manage
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to organize and control the work of a company, organization, or group of people
objective
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something that you plan to achieve, especially in business or work
reference
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a statement from someone who knows you or has worked with you that gives information about you. You often need to provide a reference when you apply for a new job.
set up
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to start something such as a business, organization, or institution
cap
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to set a limit on the amount of money that someone can spend or charge
earnings
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the amount of money that you earn
exacerbate
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make a problem become worse
extracurricular
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extracurricular activities are things that you do at school or college that are not part of your course
faculty
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all the teachers in a school, college or university: a meeting for students, faculty and administrators
fee
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money that you pay to a professional person or institution for their work
hike
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a sudden large increase in the amount or level of something
placement
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a temporary job that is part of a course of study and that gives you experience of the work you hope to do at the end of the course
resources
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something such as money, workers or equipment that can be used to help an institution or a business
Spiralling
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a situation that is continuously becoming worse, more, or less
spark or spark off
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to make something happen, especially Something involving violence or angry feelings
subsidy
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an amount of money that the government or another organization pays to help to reduce the cost of a product or service
Trend
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a gradual change or development that produces a particular result
willing
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if you are willing to do something, you do it when someone asks you, sometimes when you do not want to
bind
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to limit what someone is allowed to do by making them obey a rule or agreement
boost
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to help something to increase, improve or become more successful
deep pockets
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a lot of available money
drop out
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to leave something such as an activity, school or competition before you have finished what you intended to do
enhance
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to improve something, or to make it more attractive or more valuable
lay off
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to end someone's employment, especially temporarily, because there is not enough work for them
miss out
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to lose an opportunity to do or to have something
redundant
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if someone is redundant, they have been told they must leave their job because they are no longer needed
start over
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to begin doing something again from the beginning
thoroughly
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very carefully, so that nothing is missed: The case will be studied thoroughly before any decision is made
working party
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a group of people who examine a problem or situation and suggest a way of dealing with it
come along
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arrive or become available
downsize
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to make a company or organization smaller by reducing the number
fancy
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used when you are very surprised about something
put on weight
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to become fatter
sabbatical
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a period away from work when people such as college or university teachers can study, rest or travel
streamline
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to improve a business, organization, process, etc. by making it more modern or simple
tutoring
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the act of teaching someone in a particular subject
benchmark
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an amount, level, standard, etc. that you can use for judging how good or bad other things are
feedback
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comments about how or how badly someone is doing something, which are intended to help them do it better
personality clash
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a situation in which two people are very different from each other so that they cannot work together
accomplishment
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something difficult that you succeed in doing, especially after working hard over a period of time
bartending
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work serving drinks in a bar
brokering
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the activity of organizing business deals for other people
debating society
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a group of people who debate a subject by discussing it formally before making a decision, usually by voting
embark on
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to start a new project or activity, usually one that will be difficult and will take time
lead
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a piece of information or a contact that may bring new business
outgoing
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someone who is outgoing is friendly and enjoys meeting and talking to people
tender
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offer to provide goods or services for a particular price
venue
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the place where an activity or event happens: a popular venue for corporate events
campus
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an area of land containing all the main buildings of a school or university
draw up
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to prepare and write something such as a document or a plan
heritage
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the art, buildings, traditions and beliefs that a society considers important to its history and culture
metropolis
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a big, exciting city
pour millions into
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spend or invest a lot of money in something
procurement
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the process of buying supplies or equipment for a government department or company
sit back
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to relax and stop making the effort to do something
tailor
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tailor something, to/for: to make or change something especially for a particular person or purpose
better off
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in a better situation or having more money
bury
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to cover or hide something
cope
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to deal successfully with a difficult situation or job
cram
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to put too much in to a space that is too small
errand
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a small job that involve going to collect or deliver something
fierce
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involving a lot of force or energy
headcount
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a count of all the people in a company
hesitate
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to pause before doing something, or to do something very slowly, usually because you are nervous, embarrassed or worried
mad dash
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an act of going somewhere very quickly in an extremely uncontrolled way
mess up
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to do something wrong or spoil something, especially by making mistakes
oddly
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used for saying that something is not what you would expect in a particular situation
overhaul
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to completely change a system to make it work more effectively
polish up
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to improve a skill by practising
pressure cooker
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a difficult situation in which people have to work very hard or experience a lot of strong emotions
quest
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a long difficult search
slick
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done in a very impressive way that seems to need very little effort
take a breather
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to have a rest
untold
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existing or present in an amount that is too large to be measured
asap
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as soon as possible
biscuit
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a type of small flat dry cake that is usually sweet and round. The usual American word is cookie
crash
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an occasion when a computer or a computer program suddenly stops working
give someone a hand
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to help someone
hassle
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to annoy someone, or to cause problems for them
in the know
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people in the know have more information about something than other people
in the loop
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belonging or not belonging to a group that has information and makes decisions about something
patch
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a piece of software that you add to a computer program in order to improve it or remove a fault
plug-in
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a piece of software or hardware that you add to a computer to increase range of things it can do
snail mail
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letters that are sent by post
stretched
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having difficulty doingeverything that you should because you lack the necessary time, money, people or equipment
bulky
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too big to be carried or stored easly
carbon footprint
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the amount of carbon dioxide released into the atmosphere as a result of the activities of an individual, organization or community
acquaintance
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someone you know a little, who is not a close friend
IP address
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Internet Protocol address: a code that represents a particular computer and is used to send messages to it on a network or the Internet
mustn't grumble
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used as a reply to someone who asks you whether you are well, for saying that you feel all right
small talk
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conversation about things that are not important
trivial
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not very interesting, serious or valuable
alleviate
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to make something less painful, severe or serious
fine
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an amount of money that you have to pay because you have broken the law
forethought
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careful thought and planning that prepares you well for a future event
forthwith
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immediately
imperative
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extremely important and urgent
officialese
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the way speaking or writing used by people who work in government offices, especially when ordinary people of cannot understand it
solicit
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to ask someone for something such as money or support
time frame
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the period of time during which something happens or must happen
unambiguous
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clear and with only one possible meaning
down time
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time when a computer or other machine is not working
drag someone kicking and screaming
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to make someone do something that they do not want to do
malicious
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deliberately wanting to hurt someone or cause damage
morale
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the amount of enthusiasm that a person or group of people feel about their situation at a particular time
outsource
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to arrange for work to be done by people from outside your company, usually by a company that is expert in that type of work
recruit
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to get someone to work in a company or join an organization
subsidiary
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a company that is owned by a larger company
turnover
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the value of the goods and services that a company sells in a particular period of time
partnership
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two or more people run business together. all partners share profits and losses

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